[applause] mr. Schwab mr. President , after you have been so warmly received yesterday in davos, it is now my great pleasure to officially welcome the president of the United States, donald j. Trump, to the closing session of the World Economic forums annual meeting 2018. Mr. President , you cannot imagine how much we are looking forward to your speech, not just for the 3000 leaders assembled here in davos, but also the millions joining us globally thanks to the presence of key media from around the world. Mr. President , on behalf of the Business Leaders here, let me particularly congratulate you for the historic tax reform package passed last month, greatly reducing the tax burden of u. S. Companies, fostering job creation as well as stimulating Economic Growth in the United States, but also providing a tremendous boost to the global economy. Davos is a place where leaders of states and industry can Work Together in pursuit of global peace and prosperity. We live in an interdependent
Incredible, businesses are coming back into the United States, i think its going to be a great message that people are going to like to hear it. Maria im talk to several Business Leaders on what they want to hear from the president s speech today, we will bring you the president s comments live this morning as the president getting set to speak. The speech comes amid unprecedented confidence which could get another boost when Fourth Quarter gdp comes up this morning, we are expecting 3 growth. I spoke with Steven Mnuchin about what to expect. Last year when we were talking about 3 gdp everybody lined up and said we were crazy and that the economy couldnt grow higher rates of 2 and now we are at 3 gdp and, you know, we are going to be a sustained 3 gdp or higher and its called the tax cuts and jobs act because this was about creating american jobs. Maria that optimism still fueling markets, adding another 140 points, finishing above 26,392. The nasdaq and s p closing flat, s p up and na
Session. This is about 35 minutes. [applause] mr. Schwab mr. President , after you have been so warmly received yesterday in davos, it is now my great pleasure to officially welcome the president of the United States, donald j. Trump, to the closing session of the World Economic forums annual meeting 2018. Mr. President , you cannot imagine how much we are looking forward to your speech, not just for the 3000 leaders assembled here in davos, but also the millions joining us globally thanks to the presence of key media from around the world. Mr. President , on behalf of the Business Leaders here, let me particularly congratulate you for the historic tax reform package passed last month, greatly reducing the tax burden of u. S. Companies, fostering job creation as well as stimulating Economic Growth in the United States, but also providing a tremendous boost to the global economy. Davos is a place where leaders of states and industry can Work Together in pursuit of global peace and prosp
The speaker pro tempore on this vote the yeas are 185 and the nays are 228. The motion is not adopted. The question is on passage of the bill. Those in favor say aye. Those opposed, no. The ayes have it. The bill i ask for the yeas and nays. The speaker pro tempore the yeas and nays are requested. All those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. A sufficient number having arisen, the yeas and nays are ordered. Members will record their votes by electronic device. This is a fiveminute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore on this vote the yeas are 245, the nays are 169. The bill is passed. Without objection, the motion to reconsider is laid on
Against abuses of global trade law including the theft of intellectual property. He is expected to argue for greater deregulation and the need for tax cuts to promote economic prosperity. Reports in america claim you try to remove the former fbi chief Robert Mueller who is heading an investigation into alleged russian interference in the 2016 president ial campaign. But mr trump said it was not true. Fake news. Typical New York Times fake stories. My typical New York Times fake stories. My message is peace and prosperity. And we have a tremendous crowd and a crowd like they have never had before. They told me this is a crowd like they have never had before including all of you people like theyve never had before. So that is good. Iam theyve never had before. So that is good. I am assuming theyre here because of you. He is there at the World Economic forum waiting to begin his speech. He is walking up onto the stage at the moment accompanied by officials. Here you can see the band behin